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Question
Design Quilters is considering a project with the following cash flows:Initial Outlay = $126,000
| Cash Flows: | Year 1 = $44,000 |
| Year 2 = $59,000 | |
| Year 3 = $64,000 |
If the appropriate discount rate is 11.5%, compute the NPV of this project.
A) -$14,947
B) $2,892
C) $7,089
D) $41,000
Answer
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